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ET
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Intellectia

Loading chart...

High
0.829
Open
0.816
VWAP
0.76
Vol
265.33K
Mkt Cap
8.21M
Low
0.705
Amount
201.11K
EV/EBITDA(TTM)
--
Total Shares
9.66M
EV
-10.80M
EV/OCF(TTM)
--
P/S(TTM)
--
Hitek Global Inc is a company mainly engaged in the provision of information technology (IT) consulting and solutions service. The Company has two lines of businesses, including services to small and medium businesses (SMEs) and services to large businesses. The Company's services to small and medium businesses mainly include providing customers with the necessary Anti-Counterfeiting Tax Control System (ACTCS) for their value added tax (VAT) reporting, collection and processing. The Company's services provided to large businesses mainly include sales of communication interface system, its self-developed software which provides embedded system interface solutions, as well as laptops, printers, desktop computers and associated accessories, together with certain Internet servers, cameras and monitors.
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Events Timeline

(ET)
2026-04-02
20:00:00
Hitek Global Inc Trading Halted, News Pending
select
2026-03-27 (ET)
2026-03-27
13:40:00
Hitek Global Issues 100M Shares at $0.03 Each
select

News

seekingalpha
9.5
04-24seekingalpha
Hitek Global Reports Earnings and Share Consolidation Plan
  • Earnings Highlights: Hitek Global reported a FY GAAP EPS of $0.01, with revenue at $6.5 million, indicating that the overall performance did not significantly exceed market expectations, highlighting challenges in revenue growth.
  • Revenue Analysis: The reported revenue of $6.5 million does not disclose year-over-year growth or decline, suggesting potential pressures in market competition, necessitating measures to enhance sales performance.
  • Share Consolidation Plan: Hitek Global plans a 50-for-1 share consolidation aimed at increasing the stock price, which may attract more institutional investors while improving the company's image in the capital markets.
  • Market Reaction Expectations: The share consolidation could impact investor sentiment; although it may lead to decreased liquidity in the short term, successfully raising the stock price in the long run could help the company attract more investment.
PRnewswire
7.0
04-15PRnewswire
Rosen Law Firm Investigates Potential Securities Claims Against Hitek Global Inc.
  • Investigation Background: Rosen Law Firm has announced an investigation into Hitek Global Inc. due to allegations of potentially misleading business information issued to the investing public, which poses a risk of securities claims for shareholders.
  • Compensation Opportunity: If you purchased Hitek securities, you may be entitled to compensation without any out-of-pocket fees, as Rosen Law Firm prepares a class action to recover investor losses.
  • Firm's Strength: Rosen Law Firm specializes in securities class actions and shareholder derivative litigation, having achieved the largest securities class action settlement against a Chinese company, showcasing its strong capabilities and extensive experience in this field.
  • Investor Advice: The firm encourages investors to select qualified counsel with a proven track record in leadership roles to ensure effective legal support in securities class actions.
Globenewswire
7.0
04-15Globenewswire
Rosen Law Firm Investigates Potential Securities Claims Against Hitek Global Inc.
  • Investigation Background: Rosen Law Firm has announced an investigation into Hitek Global Inc. due to allegations of potentially misleading business information issued to the investing public, which may expose shareholders to potential securities claims.
  • Compensation Opportunity: If you purchased Hitek securities, you may be entitled to compensation without any out-of-pocket fees, as Rosen Law Firm prepares a class action to seek recovery of investor losses.
  • Firm's Strength: Rosen Law Firm specializes in securities class actions and shareholder derivative litigation, having achieved the largest securities class action settlement against a Chinese company in 2017, demonstrating its strong capabilities and experience in this field.
  • Investor Advice: The firm advises investors to select qualified counsel with a proven track record to ensure optimal representation in securities class actions, avoiding firms that lack experience and resources.
PRnewswire
7.0
04-09PRnewswire
Rosen Law Firm Investigates Securities Claims for Hitek Global Shareholders
  • Investigation Background: Rosen Law Firm has announced an investigation into Hitek Global Inc. due to allegations of potentially misleading business information issued to the investing public, which poses a risk of securities claims for shareholders.
  • Claim Opportunity: Shareholders who purchased Hitek securities may be entitled to compensation without any upfront fees, as Rosen Law Firm prepares a class action to seek recovery of investor losses.
  • Firm's Strength: Rosen Law Firm specializes in securities class actions and shareholder derivative litigation, having been ranked No. 1 by ISS Securities Class Action Services in 2017 for the number of settlements, showcasing its strong capabilities in this field.
  • Successful Cases: The firm recovered over $438 million for investors in 2019 alone and holds the record for the largest securities class action settlement against a Chinese company, indicating its extensive experience in handling complex securities cases.
Globenewswire
7.0
04-01Globenewswire
Rosen Law Firm Investigates Hitek Global Securities Claims
  • Investigation Launched: Rosen Law Firm has announced an investigation into Hitek Global Inc. (NASDAQ: HKIT) due to allegations of potentially misleading business information issued to the investing public, exposing shareholders to possible securities claims.
  • Class Action Preparation: If you purchased Hitek securities, you may be entitled to compensation without any out-of-pocket fees, as Rosen Law Firm is preparing a class action to seek recovery of investor losses.
  • Firm's Strength: Rosen Law Firm specializes in securities class actions and shareholder derivative litigation, having been ranked No. 1 by ISS Securities Class Action Services in 2017 for the number of securities class action settlements, showcasing its strong capabilities in this field.
  • Historical Performance: The firm has consistently ranked in the top four since 2013, recovering over $438 million for investors in 2019 alone, demonstrating its successful track record and commitment to investor rights.
seekingalpha
8.5
04-01seekingalpha
HiTek Global Announces 50-for-1 Share Consolidation
  • Share Consolidation Plan: HiTek Global announced a 50-for-1 share consolidation effective April 6, 2026, aimed at meeting Nasdaq's minimum bid price requirement for continued listing, thereby enhancing the company's stability and attractiveness in the capital market.
  • Trading Adjustment Arrangement: Post-consolidation, the company's shares will trade on the Nasdaq Capital Market at an adjusted price under the same ticker symbol HKIT, reducing uncertainty for investors due to stock price fluctuations.
  • Share Conversion Details: Every 50 Class A ordinary shares will convert into one share, with no fractional shares issued, and any fractions rounded to the nearest whole share, ensuring the integrity and transparency of shareholder rights.
  • Market Reaction: Following the consolidation announcement, HiTek Global's stock price fell 19.13% in pre-market trading to $0.0465, reflecting market caution regarding the consolidation plan, which may impact the company's future financing capabilities.

Valuation Metrics

The current forward P/E ratio for Hitek Global Inc (HKIT.O) is 0.00, compared to its 5-year average forward P/E of 0.00. For a more detailed relative valuation and DCF analysis to assess Hitek Global Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
0.00
Current PE
0.00
Overvalued PE
0.00
Undervalued PE
0.00

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
0.00
Current PS
0.00
Overvalued PS
0.00
Undervalued PS
0.00

Financials

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Frequently Asked Questions

What is Hitek Global Inc (HKIT) stock price today?

The current price of HKIT is 0.7397 USD — it has decreased -12.94

What is Hitek Global Inc (HKIT)'s business?

Hitek Global Inc is a company mainly engaged in the provision of information technology (IT) consulting and solutions service. The Company has two lines of businesses, including services to small and medium businesses (SMEs) and services to large businesses. The Company's services to small and medium businesses mainly include providing customers with the necessary Anti-Counterfeiting Tax Control System (ACTCS) for their value added tax (VAT) reporting, collection and processing. The Company's services provided to large businesses mainly include sales of communication interface system, its self-developed software which provides embedded system interface solutions, as well as laptops, printers, desktop computers and associated accessories, together with certain Internet servers, cameras and monitors.

What is the price predicton of HKIT Stock?

Wall Street analysts forecast HKIT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for HKIT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Hitek Global Inc (HKIT)'s revenue for the last quarter?

Hitek Global Inc revenue for the last quarter amounts to 10.56 USD, decreased -69.51

What is Hitek Global Inc (HKIT)'s earnings per share (EPS) for the last quarter?

Hitek Global Inc. EPS for the last quarter amounts to USD, decreased

How many employees does Hitek Global Inc (HKIT). have?

Hitek Global Inc (HKIT) has 24 emplpoyees as of May 06 2026.

What is Hitek Global Inc (HKIT) market cap?

Today HKIT has the market capitalization of 8.21M USD.